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MN area data

Elko, MN

Elko, MN.

Population: 4,115 (Census ACS)

Home values & appreciation

Median home value
$530,493
1-year appreciation
+3.1%
3-year appreciation
+6.6%
5-year appreciation
+16.1%
10-year appreciation
+61.3%
All-time peak (2026-07)
$530,493
House Price Index
429.3 (+3.3% YoY)

Market activity

Median sale price
$283,000
Median list price
$285,000
Median days on market
19 days
Sale-to-list ratio
102.9%
Active listings
2
1-year forecast
-0.3%
New listings (monthly)
7

Rents

2-bedroom fair-market rent (HUD reference)
$1,176/mo
3BR fair-market rent
$1,529/mo

Affordability

Cost of living index (Average)
97.5 (100 = US avg)
Electricity rate (state-level)
15.8¢/kWh
Natural gas rate (state-level)
$11.00/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
1
Elementary schools
1
Middle schools
0
High schools
0

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
strongWind, coldWave, hail, heatWave, inlandFlooding
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Annual precipitation
36.8 in

Air quality

Air quality rating
Moderate
Median AQI (annual)
51
Days with Good air quality
173
Days with Unhealthy air quality
5

Walkability & transit

Walkability index
5.5 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
1
Nearest national park
Mississippi National River & Recreation Area (29 mi)
Nearest airport
Smith Field (4 mi)
Nearest major airport
Minneapolis–Saint Paul International Airport / Wold–Chamberlain Field (MSP) (22 mi)
Hospitals nearby (~15 mi)
4
Avg hospital rating
4.0 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Migration

Net migration
-6 tax filers

Housing stock

Median year housing built
2,001
Median annual property tax
$4,763
Mean commute to work
24 min
Households with broadband internet
78.1%

Employment & development

Total county employment
51,218
Average weekly wage
$1,132
Top industries (by employment)
Construction, Health Care, Accommodation & Food
Annual residential building permits (county)
609

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents